Hornets GM says Paul did not ask for trade at meeting

Basketball Betting Lines

07/26/2010 - New Orleans, LA (Sportsbook Betting Lines) - Three-time All-Star point guard Chris Paul met with Hornets management Monday, and new general manager Dell Demps reportedly said Paul did not ask to be traded.

According to The Times-Picayune, Demps said after the meeting that Paul did not request a trade and added that he felt sure Paul will play for the Hornets next season.

Paul met with Demps, who was named the team's GM this past Wednesday, new head coach Monty Williams and team president Hugh Weber, and released a statement following the sit-down.

"The meeting went well," the statement said. "It was great to get an opportunity to sit down with Coach Williams, President Weber and our new General Manager Dell Demps. I expressed my desire to win and I like what they said about the direction that they want to take the team. I have been a Hornet my entire career and I hope to represent the city of New Orleans and state of Louisiana for many years to come."

Paul has two years remaining on his contract before he can opt out with the Hornets. His contract will pay him about $45 million over the next three seasons, as he has a player option for 2012-13 worth nearly $18 million.

The fourth overall pick out of Wake Forest by the Hornets in the 2005 draft, Paul averaged 18.7 points, 10.7 assists, 4.2 rebounds, and 2.1 steals this past season. He played in just 45 games due to various injuries.

Just prior to this year's draft, Hornets owner George Shinn released a statement, saying Paul is the franchise's "cornerstone" and the player the team will continue to build around.

But Paul reportedly developed concerns about the Hornets' slow offseason moves this summer. The team signed guard Luther Head earlier this month and also re-signed backup center Aaron Gray.

Paul led the Hornets to the Western Conference semifinals in 2007-08 and the team reached the playoffs the following season. But this past season New Orleans went 37-45.

Wtravelocity Basketball Betting News

<< Rachel Alexandra gains spot in poll after Monmouth victory
New York, NY (Sportsbook Betting Lines) - Reigning Horse of the Year Rachel Alexandra moved into third in the latest NTRA National Thoroughbred Poll. The four-year- old filly advanced one position following a win Saturday at Monmouth Park. Owned b

<< Vick cleared to play by NFL
Philadelphia, PA (Sportsbook Betting Lines) - Michael Vick is clear to play this season, the NFL announced Monday. Posting on his Twitter account, league spokesman Greg Aiello said in regard to Vick, "there has been no change in his playing status. Be

<< NHLPA files grievance on behalf of Kovalchuk
Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk's free agency saga took another turn on Monday when the NHL Players' Association filed a grievance on behalf of the Russian superstar who had his 17-year, $102 million contract with New Jersey

<< Lightning name Tod Leiweke CEO
Tampa, FL (Sportsbook Betting Lines) - Tampa Bay Lightning chairman and governor Jeff Vinik announced Monday that Tod Leiweke has been named the team's chief executive officer. Officially, Leiweke becomes the CEO of Tampa Bay Sports and Ent

<< Inter Milan brass taking massive gamble with Balotelli sale
Toronto, Canada (Sportsbook Betting Lines) - With reports surfacing that Inter Milan are prepared to transfer Mario Balotelli to Manchester City for a fee in the range of 30 million Euros, the young star's tumultuous time with the club seems to be at an

Zakuani claims MLS POW award with brace against Rapids >>
New York, NY (Sportsbook Betting Lines) - Steve Zakuani of Seattle Sounders FC was voted Major League Soccer Player of the Week for Week 17 of the 2010 MLS season on Monday. Zakuani scored both of Seattle's goals in a 2-1 win over the Co

Overdue Fish finally hits his stride >>
Philadelphia, PA (Sportsbook Betting Lines) - Minnesota native Mardy Fish is currently enjoying the best stretch of his tennis career since joining the pro ranks 10 years ago. Don't look now, but the 28-year-old American has now won his last two tour

Aggies' WR coach Kragthorpe resigns to tend to family issues >>
College Station, TX (Sportsbook Betting Lines) - Texas A&M wide receivers coach Steve Kragthorpe has resigned to tend to family medical issues, the school announced Monday. Kragthorpe joined the Texas A&M staff in February after head coac

Haren to make Angels debut Monday >>
Anaheim, CA (Sportsbook Betting Lines) - Dan Haren will make his Angels debut Monday night, one day after being acquired in a blockbuster trade from the Arizona Diamondbacks. Haren will take the hill for the Halos in the series opener at Ange

Orioles' Scott earns AL weekly honor >>
New York, NY (Sportsbook Betting Lines) - Baltimore Orioles outfielder Luke Scott has been named the American League Player of the Week for the period ending July 25. Scott hit an AL-leading four home runs and added three doubles and eight runs

FOOTBALL BETTING : Crabtree's base deal: six years, $32 million

Football Betting

In the wake of the news that the 49ers have signed receiver Michael Crabtree after an extended holdout, there has been not a hint of the dollars to be paid to Crabtree.

And since this means that his agent hasn't leaked the numbers, it means that his agent feels no specific motivation to do so.

Possibly because his agent isn't all that thrilled to have his name on the deal.

So the numbers will come from sources other than Crabtree's agent. And we've gotten our mitts into them.

Per a league source, Crabtree has signed a six-year, $32 million contract. (The total includes guaranteed money, base salaries, and the one-time incentive based on achieving minimum playing time.)

The deal also includes $17 million in guaranteed money.

As reported elsewhere, the deal can void to five years based on performance triggers, wiping out a final year base salary of $4 million. But they won't be easily reached.

The source tells us that, in his first four seasons (including 2009), Crabtree must either qualify for two Pro Bowls, or he must qualify for one Pro Bowl in one year and he must participate in 80 percent of the offensive snaps in a separate year in which the team makes the playoffs.

In other words, if in 2010 he qualifies for the Pro Bowl and the team makes the playoffs and he participates in 80 percent of the snaps, he'll still need to make it to the Pro Bowl or achieve the 80-percent/playoffs in another season.

Since the chances of Crabtree making the Pro Bowl or participating in 80 percent of the offensive snaps this year is roughly zero percent, he'll have three years to get it done.

And it won't be easy. Frankly, he'll be hard pressed to make it to one Pro Bowl in three years with the likes of Larry Fitzgerald, Calvin Johnson, Anquan Boldin, Steve Smith, the other Steve Smith, Hakeem Nicks, DeSean Jackson, Johnny Knox, Percy Harvin, Greg Jennings, Roddy White, T.J. Houshmandzadeh in the same conference for sportsbook betting.

So, by all appearances, it's a six-year deal. And at $17 million in guaranteed money, the per-year guarantee is a tepid $2.83 million per year.

There's another problem with the deal -- it has no mid-tier incentive package. Instead, the additional $8 million that Crabtree can earn (pushing the max value to six years, $40 million) requires the kind of unrealistic, mega-star performances that no rookie is likely to ever achieve.

So while the contract paid to Packers defensive tackle B.J. Raji covers five years and pays $22.5 million, he has the ability (if he's a solid player) to make up the difference between his base deal and Crabtree's five-year, $28 million haul via the mid-tier incentive package in Raji's deal.

And unless Crabtree meets the performance thresholds necessary to void the sixth year, he'll be stuck under contract for another year at a base salary of only $4 million.

There's one other area of concern with the deal. Crabtree, per the source, received no option bonus. Instead, he has significant money tied to a fairly new device known as a "discretionary salary advance," which unlike an opition bonus is subject to forfeiture if Crabtree decides in a year or two that he wants to hold out for a better deal. (We're also told that the 49ers have included language that would make certain escalators subject to forfeiture, too.)

Meanwhile, the deal falls well short of the mark for which Crabtree and agent Eugene Parker were aiming -- the five-year, $38.25 million contract paid by the Raiders to receiver Darrius Heyward-Bey, the seventh overall pick in the draft.

Even if Crabtree successfully voids the final year, he'll make more than $2 million per year less on average than Heyward-Bey.

Thus, as we explained earlier in the day, this is a deal that Crabtree could have done in July, which would have given him a much better chance of making a contribution to the 49ers during his rookie year.

So while the final outcome can be described as win-win, the broader view suggests that it's really a lose-lose situation.

NFL Betting Lines

To visit this sportsbook go to MySportsbook.com for all your college football betting needs.